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China Daye Non-Ferrous Metals Mining Limited ( (HK:0661) ) just unveiled an announcement.
China Daye Non-Ferrous Metals Mining Limited has called a special general meeting in Hong Kong on 5 January 2026 to seek shareholder approval for a series of major framework agreements and related annual transaction caps with key counterparties, including Yangxin Hongsheng, its parent group and China Nonferrous Metal Mining (CNMC). The resolutions cover long-term sales, purchasing, production services and financial services arrangements, with proposed annual caps running from 2026 to 2028 that collectively amount to tens of billions of renminbi in transaction volume. If approved, these agreements will formalise and expand the company’s related-party sales and procurement channels and secure sizable banking and settlement facilities within the CNMC Group, underscoring the company’s reliance on and integration with its parent and affiliated entities for operational continuity, funding and supply-chain support.
The most recent analyst rating on (HK:0661) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on China Daye Non-Ferrous Metals Mining Limited stock, see the HK:0661 Stock Forecast page.
More about China Daye Non-Ferrous Metals Mining Limited
China Daye Non-Ferrous Metals Mining Limited is a Bermuda-incorporated, Hong Kong-listed company engaged in the non-ferrous metals mining sector, focusing on the production, processing and sale of metals and related products, with operations and key commercial relationships concentrated in mainland China.
Average Trading Volume: 112,837,330
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.56B
For a thorough assessment of 0661 stock, go to TipRanks’ Stock Analysis page.